Trans-China Automotive Holdings (SGX:VI2) EBIT: S$-19.8 Mil (TTM As of Dec. 2025)

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What is Trans-China Automotive Holdings EBIT?

Trans-China Automotive Holdings SGX:VI2 EBIT is S$-19.8 Mil as of Dec. 2025. The stock has 2 warning signs investors should review.

Trans-China Automotive Holdings's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was S$-10.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was S$-19.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trans-China Automotive Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was -4.90%. Trans-China Automotive Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -25.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Trans-China Automotive Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -19.28%.

Trans-China Automotive Holdings  (SGX:VI2) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Trans-China Automotive Holdings's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-8.104 * ( 1 - 0.62% )/( (173.638 + 154.998)/ 2 )
=-8.0537552/164.318
=-4.90 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=229.771 - 92.3 - ( 8.345 - max(0, 174.932 - 138.765+8.345))
=173.638

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=248.709 - 132.04 - ( 2.092 - max(0, 206.84 - 168.511+2.092))
=154.998

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

Trans-China Automotive Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-20.172/( ( (79.182 + max(12.569, 0)) + (49.427 + max(19.595, 0)) )/ 2 )
=-20.172/( ( 91.751 + 69.022 )/ 2 )
=-20.172/80.3865
=-25.09 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.514 + 40.403 + 60.503) - (92.3 + 0 + 25.551)
=12.569

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.268 + 39.992 + 126.159) - (132.04 + 0 + 14.784)
=19.595

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Trans-China Automotive Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-19.767/102.500
=-19.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trans-China Automotive Holdings EBIT Related Terms

Trans-China Automotive Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Trans-China Automotive Holdings's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trans-China Automotive Holdings EBIT Chart

Trans-China Automotive Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 45.25 12.03 -10.11 -13.05 -20.02

Trans-China Automotive Holdings Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11.81 -10.86 -2.24 -9.68 -10.09

SGX:VI2 vs CVNA, PAG, ALTB: EBIT Comparison

For the Auto & Truck Dealerships subindustry, Trans-China Automotive Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Trans-China Automotive Holdings EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Trans-China Automotive Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Trans-China Automotive Holdings's EV-to-EBIT falls into.


Trans-China Automotive Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$-19.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of S$-19.8 Mil mean?
Trans-China Automotive Holdings (SGX:VI2) has a EBIT of S$-19.8 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Trans-China Automotive Holdings.
Is Trans-China Automotive Holdings' EBIT too high?
Trans-China Automotive Holdings' current EBIT is S$-19.8 Mil.
How does Trans-China Automotive Holdings' EBIT compare to CVNA and PAG?
Trans-China Automotive Holdings' EBIT of S$-19.8 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Trans-China Automotive Holdings. Trans-China Automotive Holdings's current EBIT is S$-19.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trans-China Automotive Holdings stock overvalued right now?
Based on GuruFocus' analysis, Trans-China Automotive Holdings (SGX:VI2) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.03, compared to a current price of S$0.01 — trading 53.3% below its estimated fair value. The current EBIT is S$-19.8 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Trans-China Automotive Holdings (SGX:VI2), the current EBIT is S$-19.8 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trans-China Automotive Holdings Business Description

Address 88 Hing Fat Street, No. 3002, 30th Floor, Causeway Bay, Hong Kong, HKG
Trans-China Automotive Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the business of automobile dealerships in the premium market segment in the People's Republic of China (PRC). The company represents various premium brands such as BMW, McLaren, and Genesis, and owns and operates various dealerships across geographically prosperous cities in China, including Foshan, Shenzhen, Guangzhou, Chongqing, Changsha, and Wuhan. It has one operating segment, which is the sales of automobiles, the provision of aftersales services, and agency revenue. A majority of the company's revenue is generated through sales of automobiles.